George Osborne prepares to deliver the annual Mais lecture

[StevenDoyle35]

Why don't you make the Banks and Investors pay for their own financial mess. Tax breaks for the Rich and Higher Taxes for the poor is not on. What about the State owned bank bosses who give themselves an £8,000,000 anual bonus for destroying our country financially. Hit them where it hurts. Cut Tax rates, stop shafting our vital services with too deep financial cut, cut fuel duty. If fact just get to hell out of Government before you destroy the country like you lot did in the 80's.

[abhudson14]

George Osborne the robbing bastard

[TheDogeatdogfilms]

your sake and ours it had better fucking work

[nerolyle]

Unemployment Rate %:

USA 9.4, France 8.9, Germany 7.7, Italy 6.9, UK 6.9, Japan 4.8.

Gross Public Debt % of GDP:

Japan 170.4, Italy 103.7, France 67, Germany 62.6, USA 60.8 UK 53.2.

Tories scaremongering about the UK deficit and liking us to Greece is a cynical ploy to get their hands on power to aid the rich. Vote Labour to guide our country to prosperity for the many not just the wealthy few.

[MrBurstingfoam]

Interestingly the vast majority of money comes from directly from debt, always has, always will. This is nebulous tosh - "Opening the country to business" - as if previous governments have closed to country to business, it just soundbites.

This son of a Baronette (real name Gideon!) has never had a real job, has no qualifications (unless you count his 2:2 in history), couldn't debate his way out of a wet paper bag and is STILL under investigation for "flipping" his second home.

Vote tory!

[lammysx]

george could clear the national dealt with the spare change he has in his piggy bank. What the hell do this lot know and care about common people, absolute crap. tory voters are selfish people that only care about themselves. greedy little piggies.

[Cecral]

To 'Never repeat the mistakes of the past' is an understatement and hypocritical statement coming from Osborne, need he forget that it was his party that fucked up the economy last time they were in power?

[NewbiereViewer92]

@Cecral Actually it's a historical fact that in 1997 BEFORE the Conservatives left power the economy was the strongest it had been since the 1970s, i.e. since the last Labour government. Funny that...

[LadyMikala]

@NewbiereViewer92 completely agree, if anyone can sort this mess out it is conservatives lets just hope they get in again next election. cos i have a feeling they will need about 10-15 years to get us back to our 1997 economic standings.

[Pepper6464]

If elected, this amateur dummy is going to run the economy? George Osborne is totally unqualifed. He has no experience and education. Watching him lecturing to others about economics is laughable.

[punksachoo]

What were you doing at Bilderberg? What did they tell you you would and wouldn't be able to do when/if you become chancellor? Why don't you adopt a different model of finance that would solve many of our problems. Ever heard of Social Credit? The Bankers who control you wouldn't like that. Why not take back control of the issue of credit, take it back from the bankers.

[PersianPaladin]

Some good points there.

I would add my own understanding of monetary reform. Ending the power of banks to create money, and allowing government to spend new money into the economy (debt-free). This could be done towards essential infrastructure programs, repairs, new buildings, etc - so it would not be inflationary.

Fractional reserve banking and credit-based economies result in crises and deep deflation/inflation cycles. Its time for the bankers to stop dictating our money system.

[pardeepsinghk]

Osborne is an over-privledged cunt.

How was that dody deal with the Russian billionaire then? Oh sorry...there was no deal.

[trailofdeadpeople]

snake in the grass cuntbag. time will reveal the truth about the tories. watch these bastards fuck up our country

[GordonsAllSeeingEye]

CONS SERVE A DIV

[MrJoelthegreat]

I like your Video mate niceone

[MrJoelthegreat]

H i George 0sborne keep playing this

Video mate

[mikesey1]

Good on yer George. I have never voted Tory before but I shall this time just to get the poliitically correct anti - White Christian single male "New Labour" out of power.

I have one misgiving: if you are planning an attack on the sick and poor ,be prepared for only one stint in government. Five years is all you'll get if you give cause for concern on that point. If you are planning to "get them back to work" make sure there are jobs for them to go to, not just an excuse to save money.

[Kevinasp]

I couldn't agree with you more... it is ok talking about throwing the sick off benefits, but to do what? When people with 30, 40 years of work experiences can't find work, who is going to employ them, and as well, with such a policy, those with bad backs, bad wrists etc, who know how to work the system will continue to do so, whereas genuine cases who truly can't work could be forced into work.

[mikesey1]

@Kevinasp

The sick have regular medicals with doctors appointed by the DWP. When "New" Labour" got in power, those medicals were supposedly made harder to pass. What do the Tories now propose? Perhaps only those who have only one limb, are mentally incapacitated and are on the point of dying will get benefits?

Stupid to say the least. As you rightly wrote: this threat, if carried out will only increase the Dole queue. with those who have no prospect of working, ever.

[Kevinasp]

I wouldn't mind, but who was it during the 1980's who made it piss-easy to get on the sick to massage the unemployment figures? The Conservatives.... and Labour carried it on to an extent.

[microsoft57]

REMEMBER THE ALAMO.

[Pocketwatchable]

So the choice is vote for red crap, or vote for blue crap? Oh crap.

[simonsigns]

At least the conservatives allow you to leave comments here unlike Nu-Labour.

[makedoandmend2]

Ken Clarke buggered it up when he egged on John Major with his disastrous ERM policy.

George Osborne's promise to raise the inheritance tax threshold boosted the Tory lead but Clarke wiped that out when he said this was only an aspiration.

[Ade76]

REMEMBER THE POLL TAX??????

Cuts are coming already... they want even more... and penalise the common people to fatten the pockets of the rich...

DON'T TRUST THEM

[zzzoe11]

When Boy George isn't making deals with Russian oligarch's, he is flipping his home for money, talking about making massive but unspecific cuts and getting it wrong on the recession due to inexperience.

[globetrotters]

Just a poors mans Brown. Or rather, a rich mans Brown.

[rodneyjohnwoods]

you disgusting twat osborn,,you tuck shop cunt ,,you snobby cunt,,your numbers dont work even i understand that ,,you would fuck you slut mum wouldnt you ,,you wanker

[MrPaulanthony2007]

I will never ever vote for conservatives. Change! like Mr. Obama's change, Big changes yeah to stel taxpayers money. Conservatives take care of high classes and conservatives only. I am poor so I love Labour.

[oller4]

Was that a MASONIC handhake in the beginning

of the video?Will you be continuing to run your

NWO operation via the BILDERBERG conferencences you attend along with the likes of

Kenneth (hushpuppy) Clarke,and of course not

forgetting Labour attenders Ed (balls up) Balls

and not forgetting the master of darkness Mandy

Mandelson.

Yes Bilderberg have done a tremendous job in

totally distroying this country and bringing in their

NW/order .

[jammathehutt]

@oller4

It was indeed a Masonic handshake!

[MrPaulanthony2007]

Conservative are hypocrites and snobs, I know them very well. I don't know outside London but here in London there are places where they are allowed to go only. I will never ever vote for Tories. The kind of change Cameron wants to bring is like Obama's change of which we don't hear anything now. Labour is gaining support once again. Check today's news. We all support Labour and will vote for it.

[longlivejacko]

i like osbourne. he's being responsible by saying we hav to pay our debts down now rather than letting it spiral. brown 4 another 5 yrs wud screw us for decades. vote 4 labour = higher taxes, higher spending, bigger gap between rich & poor

[MAJORSNODGRASS]

Even a Tory government is in the hands of the market so he can't guarantee everything he says.

[stradaforni51]

George Osborne: Who in his right mind will let this fool loose as Chancellor? He has as much intelligence as a worm. As for Dave the chameleon, he must want to lose the election. Why then appoint little George as Chancellor?

IN GOD`S NAME GO AND GO FAR AWAY FROM POLITICS.

[thereturnofda111]

crossing my fingers that when labour lose the election ant and dec are in charge of the country instead of these two jokers

[mikejw721]

Ant and Dec? I vote for Jeremy Clarkson.

[deweyfreedom]

I think George is totally right here. Opening the country to business means making the UK a country which encourages small businesses and free enterprise as well as foreign investment. Much better than getting in further debt paying for an increasingly bloated public sector

[IHeartThisVidxD]

@deweyfreedom George Osbourne has no idea how to run a nations economy let alone one that's in a state like ours. Question to Geogre: What experience do you have? George: "I've been shadow chancellor for 5 years". - From the chancellors debate on C4. The truth is that he and the rest of his conservative cronies are a danger to the economy. George like Cameron is all talk yet no real substance to anything he says.

[SurfariSam]

Open the country to investment? Foreign investment ? Shades of Thatcher, same policy!

[carolee3elq]

words words words!!! all sounds great, will it work? I need more!!!!!!

Cas

[aWarriorsPride]

ha ha ha...i wont hold my breath

[Ade76]

Yeah, let's privatise all, even the Queen!!!

Has ANY ONE EVER SEEN A PRIVATISATION THAT WORKED??????????????????

Stop going on about the deficit, we need to safeguard the economy and jobs now. We'll think about the deficit later!

For everybody who doesn't get it, cutting expenditure will inevitably result inj cutting jobs.

Keep state salaries low, people will buy less, industries will produce less, shops will sell less. And you expect them to employ new staff?

[Ade76]

It's so clear the Cameron doesn't know what else to do apart from smearing the PM...

Are you still the party of sleaze?

[mikesey1]

"opening the country to business"

Does this mean yet more privatisation? We do not need nor want any more. We see the results of what the last Tory administration did with that, with high bills and no real customer service. I say, no more please. If there is to be more then keep the ownership of essentials in THIS country, no more foreigners trying to sabotage and destablise our country. No French, Germans or Russians owning any more here! None of them like us and will rip us off if they can.

[1oflight1]

Labour and the banks have cond us, Its like giving some one, who as lost there money playing cards, then handing them your money to play against you and they end up winning your house off you as well, then buying them selves a pint of beer and a new car, while you have lost everything.

[NextGenerationOfDBZW]

Cameron/Osborne should be a perfect combo to get britians economy back to normal

[elmose100]

People are definately stereotyping bank workers at the moment ...they don't realise that local gvmnt managers in finance desk jobs get £thousands in bonuses each year, based on population size within their town/city. I don't think these bonuses are even based on performance, just per capita. But no-one criticizes local gvmnt officers because this is never mentioned in the media.

[alonespy]

This is at Cass Business School, London

[DavidCameron4UK]

Our economy is completely broken, and only the Conservatives can fix it. We need cuts in public spending.

[RobJohnson63]

As a Tory party member I am complete agreement with Mr Osborne's comments in this video. However I was distressed to hear his comments this morning about hitting the bankers. this would be sheer folly and I hope he was just electioneering!

[Mickmars90]

I wish everyone would stop banker bashing. They provide billions of pounds for public spending, and they are very productive. The real culprits are the executives and directors, not the groundsmen

[blatantboy86]

@Mickmars90 A very sensible comment - I am tired of hearing people - mainly from the left - condemining every bank worker and every single financial institution.

[Mickmars90]

Let's not also forget the fractional reserve banking system that encouraged this mess. I don't know if you are familiar with the Austrian School of Economics and its very innovative trade cycle theory, which states that when the central bank lowers real interest rates, it encourages a lot of malinvestments in durable capital goods which must be purged clean by recession, described by Schumpeter as ''Creative Destruction.''

[tdp1909]

@ Mickmars90: I agree. I work on the front line in customer services in RBS & the number of idiots who blame us in retail is staggering.

And our excessive bonuses? Our branch manager received £100 for a quarter. Blame Gordon Brown for encouraging Interstate Banking in the US.

[Kevinasp]

Politically I don't agree with you on very much but I do on that... it isn't the people on the shopfloor so to speak who are to blame, it is the irresponsible executives and directors.... and people paying themselves bonuses they haven't earned.

[tramtrackharry]

This is one of the best things Ive heard from osborne; I hope he keeps it up. PS George; don't forget you promised to replace the FSA! What a disaster they have been...

[ThePAULOPABLO]

I don't understand why this site does not filter out replies the Labour parties site only allows positive replies. But they do believe in a soviet style police state.

[tramtrackharry]

pablo, they've made it open and can take their opponents cheap shots. unlike labour who get their staff to post positive comments and block everyone elses to make it look like people agree with them. Before that they didnt allow any comments but they got ridiculed for it.

[ThePAULOPABLO]

The economic growth was an international growth. Recessions are always international but are own policies can make the recession worse or better. There is plenty of evidence it has made it worse not better.

[ThePAULOPABLO]

THe Labour party has made this recession worst. Gordon Brown brought in the Tripitate finacial system where the Bank of England, the treasury and the FSA all don't know what the other is doing. If you think Brown had no part in this mess think again.

[pinochet222]

They just can't resist repeating the lie that this is Labor's recession (and not the biggest international recession in recent history!)

Is there any place in the world where politicians don't try to score cheap political points by fooling the ignorant and gullible voters?

[DanLeDude]

actually the gullible fools are the ones who think it was the worldwide recession that brought britain into recession and that brown played no part in it.

this is in fact false, obviously the worldwide recession

played a major part in britain entering recession but browns economic policies helped to make the problem more severe, he was after all chancellor for about 10 years.

[ThePAULOPABLO]

Here, here.

[le8159]

These are the men who can save us all.. their problem is going to be undoing all the damage caused by bruuun..

[warrjm]

I believe that the Osborne/Cameron duo are sincere in their belief that they have the answer to the nation's difficult economic problems. Their problem is how to get them across via a BBC which is the media arm of the Labour Party.

What coverage, for instance, of this lecture was available on the BBC?.

[barbs174]

Impressed, but still not convinced

[19bob53]

This country needs to get back to "making things". Manufacturing was the backbone of Britain until the last few governments exported all the jobs to the Far East. Infrastructure in IT is all well and good but until we stop importing so much that can be made here, jobs will be hard to "manufacture". Manufacturing needs a different tax structure to encourage employment and the making of real money not the funny money created by Gordon Brown.

We have to live within our means.

[barbs174]

We do need to tighten our belts, definitly those that can afford to, many of us have more money going out, than have coming in. Some folk definitly need less, banks, MP's, well you know were the better off are, also far, far too many managers in our public services, especially in the dissabillity section, most carers can do a better job. Same situation in Hospitals, Schools, Nursing homes.

[ihateiainlee]

Like the idea of setting up an Office for Budget  Responsibility! We need to do something to get out of the mess Labour has left us in.

[viddid]

Well done George, we have to live within our means as a nation, and Labour are pathologically unable to that. I have hope you will, but as someone else said no sacred cows please.

[Bush76]

'a general election in which we're elected'- woops

[abzzeus]

Anytime Brown/Paxman etc try to tackle you on the detail,ask them for the CPI/RPI/GDP figures for 2Q as you need them to see if we're in a double dip or not!

We need to stop spending on managers, Staffs was an example of managers gone mad, and spend on the front line. We need to reform the NHS not just throw money at it - the NHS can swallow money faster than Brown can print it, no sacred cows please.

[catherinedwan]

I watched your lecture on BBC news. It was an impressive presentation which suggests you have a real command of what is required to get Britain back on

[elmose100]

Excellent stuff Mr Osborne, I feel optimistic that you can get us out the mire if anyone can. I just wish potential labour voters would wake up and take a reality check to what these clowns have brought us to - just how much more financial deficit do they want before they see the light??!! I honestly don't envy you the task of mending this car crash of an economy tho. All the very best, you deserve it, not least for being transparent in your plans.... our hopes are pinned on you now.

[davidpoole1945]

Excellent George. I hope the lecture was a success. It really is about time the whole country realised we cannot live on Debt indefinately. We all should have realised this years ago. I am a retired Bank Manager of the "Old school". It is a pity there are not any of that ilk left. We had years of training to lend money and manage relationships with clients in my day.The public and indeed small business need to realise that sometimes Banks will not lend because the business is not viable.

[1nhtory]

very good video George. I only wish Labour can see it our way.

[agouza1]

Sensible economics from the next Chancellor of the Exchequer. Unlike the economics of the Mad House from the current government. Ironically in light of the fact that Darling is likely to deliver one of the most fiscally conservative budgets in recent history,

[NewbiereViewer92]

Can't disagree with you there! Tories for Government! Cameron for PM and George for Chancellor!